New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-01-31

joyed considerable bulge upon The London hesss VAT
upon the EXCHANGES The export Of cotton continues 70
the ports 17475 bales against 1892 bales for the
corresponding week OF 1885 This givss .oisa ea
the psroa Of the preceding
or nearly 20 per cent The general nerchanoise
ments exceed those Of the corresponding pe Of last
year The iron trade continues In the same
are hrm with the demands for Immediate delivery IN
excess OF capacities or course the ahthrseie sI
trade for the time being Is IN or less deprers
because Of the strikes but it seems probable that when
they are over II Will take the companies soinc '' W
II was hard week at the Stock Exchange for pecula
tive operators who believe that there Is an intimate rem
ton between the values OF securities and the ~, en-,
Of the Nations industries OF It's commerce ana VI s M
terna rarics The markets were hard MI ny wo y,
three incidents which depressing and "a
their effects upon the markets The European war
Of actual securities to market did cheek t ds'
Vepp 'U on the P" last days days. Of the preceding
week Europe sold good many stocks In TINS ma.ne' t 1
thinking that they were largely for the short account
rather than for the "long" account Home Dears
sure and some OF the stocks sold early FOR the
European account repurchased at profit Iuesa
morning brought official denias OF the report upon
vances in the Icndon market for both
market To repShase the stocks sold late Monday
partially successful at figures from 2 70 pr
cent above the average Mondays late sales and hen
the market again apsed into duness Before there wa
hardly time for operators review the situation anu
men was deyeeped and this started another selling
moyemen Mt short" account which was continued
" the close Of the with the result OF na declines
ranging from TO per cent. That was tne
stock market for the week aud the genera rawsy eo
market In all It's speculative features was IKE unto IL
single lu straton will perhaps best explain the character
of the weeks dealings The ew-fork Lake Erle aiS
Western Railway Company III the middle OF tne wen d
published Its usual monthly statement Tor
for the three months ending December 81 OF us 100 i
earnings operating expenses aud net earnings NOT I'd
many years has the Erie Company been aDie 70
put forth satisfactory exhibit for quarter AS tna
FOR although the operating expenses o
the three months included aUont 100000 for eAraoiui
nary repairs, the earnings for the quarter were eqh
tho full Of the quarters proportion OF annual
first chargesla per cent on the preferred stock anu
about one third of per cent it's common stock In the
face OF this remarkable showing the Erie securities
were specially selected Tor attack Under tno
general conditiOns-war agitation In Europe the strikes
In this city and the renewal OF the agitation concerning
the Interstate Commerce BILL because OF DOUBT OF rs
fate the Presidents hands-there as little dispose
ton to purchase Ere as any other segnp ,s ra%es
OF the securities OF the company which couin MAKE 20
favorable exhibit Erie had just done would not 10
without some depressing eject upon u9
general market Therefore Erie second Us and preferred
stock the special objects Of the attack when We
have referred TO- The prospects OF gold exports are
stocks. Upon this subject and our condition to meet any
drain which can possibly occur we nave comDenteu h'
length in the paragraph above relating 10 the foreign
changes Possibly the spectators for decllhe
may reap their reward In lower prices. Ger.
tainly their predictions made loudly and boldly
enough but II The general conditions OF the country
business its traffic and Its railroad earnings are to exert
their legitimate Influence the present time does nor seem
favorable one for very large following on the shoit
side OF the market The tTanSactohs In stocss io no
week amounted To 1s372i7 shares. against l,99|'olo
shares for the preceding week.
subjoined our usual table giving tho highest, lowest
and final prices ana number Of shares soi Tor the week
together with final prices OF week ago OF fortyeish
active representative Stocks peXed Dy the prices OF
January 81, 1856:
WEEKLY RANGE.